Download This Paper2012 Study of Executive Termination Provisions Among Top 200 Public Companies
Arthur J. Gallagher & Co., December 2012
24 Pages Posted: 26 Jan 2014 Last revised: 17 Apr 2015
Date Written: December 1, 2012
Abstract
This study provides a behind-the-scenes look at how cash and equity termination provisions are being structured at the largest 200 U.S. public companies. We believe this is the most comprehensive study to date in an area of compensation and benefits that has received scant analysis over the years.
In order to determine the design of severance benefits, James F. Reda & Associates, a Division of Gallagher Benefit Services, Inc., conducted a study of the 2011 annual proxy statement disclosures for 200 of the top U.S. public companies (based on market value).
Keywords: severance benefits, severance design, executive compensation
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